BNB/USDT – 4H – BUYThe pair Binance Coin/Tether (BNB/USDT) moves from the descending trendline upwards
A bullish trend upwards to the next resistance at 659.000000000 is considered certain.
Caution: A possible change in the direction of the support line at 625.440000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 697.730000000 |
| 2nd High | 674.140000000 |
| Next High | 659.000000000 |
| Current Price | 620.790000000 |
| Next Low | 625.440000000 |
| 2nd Low | 583.550000000 |
| 3rd Low | 580.320000000 |
659.000000000 – 674.140000000 – 673.430000000 – 639.000000000 – 625.440000000 – 645.040000000
Trading Signals: FOREX – BNB – BNB/USDT – USDT – Three White Soldiers